Ascending Triangles and Broadening Wedges / Megaphones Cool repeating chart patterns
The PEAD projected a Bullish outlook for $PNC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Pittsburgh’s biggest bank is scheduled to report first-quarter 2022 earnings before the opening bell on Apr 14. While the company’s earnings are expected to have witnessed a year-over-year decline, its revenues are expected to increase. Short to mid-term we are looking for a breakout and new dip to the next support level situated at $ 163. Risk Disclosure:...
I was looking at PNC and based on HTF data, I am of opinion price will attempt marked levels. It is at the entry price as determined by ProTrader script. So, let's see how it works out.
The PEAD projected a Bullish outlook for $PNC after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
After a sharp retracement, PNC just brokeout today. Watching it going into tomorrow session, above todays high. Room to re-test ATH
Price is currently retesting support (previous resistance) Besides that, this retracement is forming a descending triangle, Let's wait for a break so we can have a better confirmation. Nonetheless, great setup if support (buying zone) holds
I am bullish on banks currently and pnc has this very nice descending triangle. Around 208-210 it will start its breakout to the upside and hopefully all time highs
Whenever I miss the chance to buy a breakout of a leading stock, I look for other stocks in the same industry. As my personal account is still too small to buy a stock like SIVB , I've been watching PNC to buy when it breakouts from its large base. This strategy has helped me to capitalize industry moves. A good example was when I missed TBK but bougtht CASH...
If financials can pick up, keep an eye on PNC, nice flag from massive run, this has run to retest 217, then 220
A lot of times we get away from simply keeping it simple. When it comes to trading, simplicity will be your best friend. I consider Price Action the "OG" of all technical analysis. On the same note, I don't knock anyone who uses indicators to make a profit. I do have a few myself that I originally started with, that I still plug in from time to time. I will...
The recent gap up has found a new level of support and the consolidation period seems to be ending. Look for a retracement of the consolidation move to test new highs around the end of the month. A failure at the decision box means we're going back down to the 150 level.
The PEAD projected a neutral outlook for $PNV following a negative under reaction after its earning release placing the stock in Drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
NYSE:PNC Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%
Hey traders, PNC FINANCIAL SERVICES GROUP is in a fake downtrend with low traded buy volume and a trace of the high larger than the low. Looking at the TIMEFRAME M1 we can see a hammer bull candle shape, it is ready to breakout a stabilization and price zone. Great chance to join the next higher (See TIMEFRAME M15). And if the buyers are still there, you will...
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Ascending Triangle. Prepare for breakout at $114. This may take a week or two but the short term trend is bullish. Patience is key. Target: $122